Man who found $20 used it to buy a $1 million winning lottery ticket

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What would you do if you won nan lottery?

What would you do if you won nan lottery? 18:51

A North Carolina resident deed nan jackpot twice: First erstwhile he recovered $20 connected nan crushed extracurricular a convenience store, and a 2nd clip erstwhile he spent nan money to bargain a $25 winning scratch-off lottery summons worthy $1 million. 

The man, Jerry Hicks of Banner Elk, North Carolina, told nan authorities acquisition lottery that he utilized nan $20 he recovered extracurricular nan Speedway convenience shop successful Boone, North Carolina, to bargain an Extreme Cash scratch-off paper because nan type of lotto summons he usually buys wasn't available.

Hicks said he planned to usage nan winnings to discontinue aft moving for 56 years arsenic a carpenter, arsenic good arsenic to thief his children. He besides had much contiguous plans, telling nan lottery, "We are going to caput consecutive to Golden Corral and eat everything they've got."

Hicks opted to return a lump sum costs of $600,000, alternatively than receiving nan prize arsenic an annuity of $50,000 complete 20 years. After authorities and national taxation withholdings, his take-home winnings magnitude to $429,007, nan lottery said.

The $1 cardinal prize is nan highest magnitude disposable to triumph successful nan Extreme Cash game, according to nan North Carolina Education Lottery. The likelihood of winning are 1 successful 2,017,650. 

    In:
  • North Carolina
  • Lottery

Aimee Picchi

Aimee Picchi is nan subordinate managing editor for CBS MoneyWatch, wherever she covers business and individual finance. She antecedently worked astatine Bloomberg News and has written for nationalist news outlets including USA Today and Consumer Reports.

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